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 LSIF Calculator

Input Information

  
What was the initial value of your LSIF investment in 1997? $
What is the present redemption value of your 1997 LSIF shares? $
What was your income tax bracket in 1997?    %
What do you consider a reasonable annual return for GIC's ?     %
 
Calculate Your Total Return on Tax Savings
   
If your Income tax bracket was  in 1997
and your Initial LSIF Investment was  then
your total out of pocket cost for the LSIF investment was ONLY  
     
How is this so? Because the Provincial and Federal Tax credits combined to amount to 30% of your investment or  and
your RRSP savings amounted to  
providing a total savings of
  
     
If we assume that this savings were held for an LSIF term of 8 years in GICs yielding  
     
 the investment on tax savings alone would be worth  today
 
Redeem and Reinvest in APVF Shares
    
Your initial 1997 investment was worth
 
and the present redemption value of your 1997 LSIF shares is
 
 
 
If you choose to roll your 1997 LSIF into a 2005 LSIF of equivalent value, you willreceive an additional tax credit from the Federal and Ontario governments =
 
 
 


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Algonquin Power Venture Fund, 2845 Bristol Circle, Oakville, ON Canada, L6H 7H7
Tel: 905.465.4500 Toll Free 1.866.799.3081 Fax: 905. 465.4514 Email: APVF@AlgonquinPowerVentureFund.com